Elon Musk's SpaceX is preparing for a groundbreaking $1 trillion initial public offering (IPO).

The aerospace company, known for rockets, Starlink satellites, and space exploration, filed confidentially with the U.S. Securities and Exchange Commission (SEC) to go public.

SpaceX’s valuation could surpass $1 trillion, making it one of the most valuable companies ever to debut on the stock market.

Musk’s personal stake in the company would make him the first trillionaire in history.

The IPO, expected in June, aims to raise at least $50 billion.

Earlier this year, SpaceX acquired xAI, Musk’s AI venture, reinforcing its position as the most valuable private company globally.

The consolidation of Musk’s ventures-including Tesla, xAI, and SpaceX-signals a strategic push toward shared resources and AI-driven innovation.

The company is also developing a joint chipmaking initiative called Terafab, with Tesla and xAI.

Musk envisions SpaceX expanding beyond Earth, including AI data centers in orbit and a Martian colony-a vision that remains ambitious and speculative.